Quantzig Announces Top 10 Benefits to Adopting HR Analytics

March 15, 2017 03:28 PM Eastern Daylight Time

LONDON--(EON: Enhanced Online News)--When consumers think off implementing analytics, human resources (HR)
isn’t usually their first thought, however, this is a market that can
reap many benefits from advanced
analytics services. Talent management software and solutions
have become an essential part of the human resources (HR) industry,
aiding in improved efficiency for many tasks.

All of the key vendors in the market are adopting analytics into their
HR processes to help with workforce planning, performance and succession
management, talent acquisition and the learning and development of
employees. Global analytics and advisory firm Quantzig
has announced its top 10 HR
analytics trends that are helping companies utilize their
employee data to make better decisions about their workforce and improve
overall operational performance.

Eliminating easy, repetitive tasks frees up time for employees, allowing
them to shift their focus to more gratifying work. As HR analytics
technology becomes more advanced and accessible, routine and tedious
tasks will be performed by computer programs, making better use of the
human resources at the company’s disposal.

2) Improving employee experience

HR experts have found a correlation between employees who have feelings
of belonging within a company and increased morale and productivity. HR
analytics can analyze how strong an employee’s sense of belonging, what
contributes to it and how it can create a better work environment.

3) Developing Talent

As technology and job requirements continuously evolve, keeping
employees up to speed becomes increasingly challenging. Cognitive
learning programs help determine what an employee needs to learn,
how they should learn it, while evaluating their skillset and engagement.

4) Information becomes easily accessible to management

Managers are usually busy with multiple tasks and responsibilities and
often rely on HR to keep up with employee’s needs and experiences.
However, analytics easily provides managers with insights on employee
attitude and performance, allowing them to quickly identify who is
struggling and who could potentially thrive in a different role, without
taking time away from their other responsibilities.

5) Integrating HR analytics with the entire organization

HR analytics data should not be viewed only in isolation because it
actually impacts the entire organization. Combining HR analytics with
business data like financial statistics can help identify insights that
could otherwise be overlooked.

Quantzig is a global
analytics and advisory firm with offices in the US, UK, Canada, China,
and India. For more than 12 years, we have assisted our clients across
the globe with end-to-end data modeling capabilities to leverage
analytics for prudent decision making. Today, our firm consists of about
120+ clients, including 45 Fortune 500 companies.